Housing market experts predict a year of high demand and rising home prices. The bubble is expected to hold strong after this past year of market growth, but may eventually balance out if the supply chain can catch up to the demand. The conditions of high demand and inflated prices can potentially be a great market to sell your house. If you’ve been asking yourself, “should I sell my house in 2022?” then read on for some key reasons why it’s a good idea.
Reason Number 1: High Buyer Demand
This is a great time to sell your home because of the high demand from buyers. Many people are looking for houses they can buy, but there aren’t enough properties to fulfill demand. This causes an imbalance in the market, leading to higher sale prices, and is the number one reason why selling your home in 2022 is a great idea.
Reason Number 2: Considering moving?
Another reason to sell your home in 2022 is if you’ve been considering moving. It’s never easy to move, but if you are looking for ways to make it work, how better than to get the highest possible price in a strong market? If job loss is causing anxiety about paying your mortgage or rent, it could make sense to explore this route instead of just staying put. A new location can present the opportunity and novelty that you need in your life. With such high buyer demand, you should have no problem selling your home – although, if you aim to move to another high-demand market, be prepared to navigate the buyer side of the process.
Reason Number 3: Expected Rise in Interest rates
An expected rise in interest rates is another reason for selling your home in 2022. Freddie Mac reports that the Federal Reserve has indicated in recent months an interest rate hike will likely take place in the current year to combat inflation. If you’ve been thinking about selling your house, you can still take advantage of affordable rates on your next home if you act quickly. However, with insufficient properties on the market and an ever-growing demand from buyers, expect continued rising prices to balance out these savings (at least partly) eventually.
These are a few of the main reasons why you should sell your home in 2022. If you’re looking to make a quick and stress-free sale of your house, 321 House Buyers will take everything off your plate and provide you with a fast and fair cash offer. No need to worry about agents, listings, repairs, or staging; we’ll give you a fair-market price as-is so that you can move on to your next home quickly. “Should I sell my house in 2022?” The answer is YES!
We buy houses in Brevard County, Florida, including Cocoa Beach, Melbourne, Palm Bay, and many more. Contact us or call us today at (321) 323 9093 to start moving on your goals and get your home sold with no hassle.